Date
Details
Price
Change
Source
1/16/2026
Listed
$160,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$160,000 Just Listed
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Property Description
This classic single-family residence offers 4 bedrooms and 2 full bathrooms, providing ample space and flexible living options. With 2,352 square feet of interior living space, this home presents a solid foundation for customization and value enhancement. Situated on a spacious 2-acre lot, the property offers privacy while remaining conveniently close to town, making it an ideal location for both owner-occupants and investors. A newer metal roof adds durability and long-term value, while multiple heat sources provide efficiency and comfort options throughout the seasons. The home includes a 2-bay garage, perfect for vehicles, storage, or workshop use. While the property needs TLC, it offers tremendous potential for renovation, rental income, or resale. The generous lot size allows room for outdoor living, expansion, or landscaping improvements. With its desirable layout, strong structural features, and excellent location, this property is a great investment opportunity for buyers looking to add value and make it their own.
Full Property Details
Full Property Details for 557 Preble Ave
General
- Price: $160,000
- Taxes: $3,672 (2025)
- Status: Active
- Type: Single Family
- Source: MREIS
- MLS ID: 1649513
- Updated: Today (1/16/2026)
- Added to Site: Today
Interior
- Number of Rooms: 9
- Interior Features: Storage
- Appliances: Refrigerator, Gas Range
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry - 1st Floor, Main Level
Additional Information
- Equipment: Internet Access Available, Cable
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: 1 - 4 Spaces, Gravel
Location
- County: Somerset
Heating & Cooling
- Cooling Type: None
- Heating Type: Wood Stove, Pellet Stove, Hot Water, Baseboard
Utilities
- Sewer: Private Sewer
- Water: Private
Structural Information
- Architectural Style: Cape Cod
- Construction: Vinyl Siding, Wood Frame
- Roof: Metal, Pitched
- Building Size: 2352
- Square Feet: 2,352
- Sq. Ft. Source: Public Records
- Living Area: 2,352 Sq. Ft.
- Finished Total: 2,352 Sq. Ft.
- Finished Above Grnd: 2,352 Sq. Ft.
- Year Built: 1960
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 2
- Lot Size (Sq. Ft.): 87,120
- Lot Size Source: Public Records
- Zoning: Residential
- Lot Description: Open, Level, Near Town
Financial Considerations
- Tax Amount: $3,672.24
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 31-A
Listed by Real Broker (207) 272-3984
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Listing agent
— 557 Preble Ave —
Real Broker
207-272-3984
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 557 Preble Ave
School District:School Administrative District 59
| Name | Grades | Distance |
|---|---|---|
Madison Junior High School 205 Main Street, Madison, ME 04950 | 5-8 | 2.3 mi |
Madison Elementary School, Madison, ME 43 Learners Lane, Madison, ME 04950 | PK-4 | 3.1 mi |
Madison Area Memorial High School 486 Main Street, Madison, ME 04950 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 557 Preble Ave
Tax History
Tax History for 557 Preble Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,272
11%
$203,200
15%
2023
$2,943
12%
$176,200
24%
2022
$2,638
—
$141,900
5%
2021
$2,631
-5%
$135,500
4%
2020
$2,777
—
$130,700
—
2019
$2,777
-1%
$130,700
—
2018
$2,810
—
$130,700
—
2017
$2,810
—
$130,700
-2%
2016
$2,797
8%
$133,200
—
2015
$2,597
—
$133,200
—
2014
$2,597
11%
$133,200
—
2013
$2,335
—
$133,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 557 Preble Ave
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557 Preble Avenue, Madison, ME 04950 (MLS# 1649513) is a Single Family property with 4 bedrooms and 2 full bathrooms. 557 Preble Avenue is currently listed for $160,000 and was received on January 16, 2026. Want to learn more about 557 Preble Avenue? Do you have questions about finding other Single Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.